Geography. Located on the Southern shore of the Persian Gulf. Second largest of the seven Emirates of the United Arab Emirates
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2 Geography Located on the Southern shore of the Persian Gulf Second largest of the seven Emirates of the United Arab Emirates 2.5 hours from Mumbai 4.5 hours from Moscow 6 hours from Paris 7 hours from London 7.5 hours from Beijing
3 Crude Oil Reserves in the Region (2007) Saudi Arabia Iran Iraq Kuwait UAE Quatar bn barrels bn barrels bn barrels bn barrels bn barrels bn barrels Production capacities Abu Dhabi Dubai 3 Mio. barrels/day 80 K barrels/day
4 Economy GDP (2007) $ 73 bn Average Annual Growth 13.4 % ( ) GDP by Sector Services 73.6 % (trade, construction, transport, storage & communication, real estate & business, restaurants & hotels, social & personal services, domestic services) Manufacturing 13.1 % Oil & Gas 5.1 % Other 8.2 % 2,369 buildings completed in 2007 World s largest building to be completed in 2009
5 Economy 2008 and targets 2009 GDP 2008 (estimated) (Oil accounts for 3 % of GDP) $ 82 bn Previous GDP growth targets of 11% tamed down to 4 6 % to 2015 deficit in 2009 budget $ 1.2 bn (at 1.3 % of gross domestic product) government spending 2009 $ 10.3 bn (42 % increase from $ 7.2 bn in 2008) Dubai ruled out new taxes, introduced salik, metro to come
6 Population 1,600,000 (2008) set to increase to 3.5 million by % expatriates from over 200 nations Language Arabic and English Hindi, Urdu, and most European languages also widely used Religion Muslim, Hindu and Christian, various others
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9 History Early 1900s The Creek lacked fertile land, so settlers looked to the sea Livelihood based on fishing, pearling & sea trade Unlike Persian counterparts, settlers welcomed traders Dubai offered basic facilities for trade & free enterprise for merchants who left Iran s Lingah
10 By 20 th century, Dubai achieved a level of prosperity to attract settlers from Iran, Baluchestan & India These settlers named their district Bastakiya (Bastak region in South Persia) A growing souq on Deira side was thought to be largest on the coast with 350 shops
11 1930s s Dubai faced strong competition from Japanese cultured pearling industry International trade became the basis of rapidly increasing prosperity Dubai grew and developed due to inhabitants & entrepreneurial abilities, not oil Leadership was critical to Old Dubai s success
12 In 1971 the country's population was a mere 180,000, in an area of 83,600 square kilometers and there were substantial differences between the individual emirates, in terms of size, population, economic resources and degree of development. The larger emirates of Abu Dhabi and Dubai were already oil exporters, and the process of economic development was well under way. Unification of the Emirates Upsurge of oil industry
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14 Sheikh Zayed Road, Dubai, 1990
15 Sheikh Zayed Road, Dubai, 2005
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17 Image by Reineke Otten
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19 Image by Reineke Otten
20 Dubai City & Dubai Creek
21 Khor Dubai (Dubai Creek) The Khor Dubai cultural project stretching over 20 kilometers, will commence at Shindagha, Dubai s oldest neighborhood at the mouth of Dubai Creek, and stretching to Business Bay, Dubai s newest commercial district. Dubai Creek will be the vibrant destination for culture, arts and heritage in the city.
22 Creek Park Performing Arts Pavilion OMA / Rem Koolhaas
23 Dubai Opera House Zaha Hadid
24 Mohammed The Messenger Museum The museum is dedicated to the life and message of the Prophet Mohammed, and will reflect about his comprehensive teachings on individual, social, political, economic, cultural, scientific and educational aspects of human life. The museum project will be implemented in three phases, as the first two phases will chronicle the life of the Prophet, beginning from the political and economic situations of the world before his birth and then his blessed birth.
25 The Universal Museums Platform of cultural plurality
26 Image by Reineke Otten
27 Image by Reineke Otten
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WELCOME TO THE MAG FAMILY It is my pleasure to present to you our upscale residential tower, MAG 230, in the heart of Dubailand City of Arabia. The luxury residences have been designed for maximum comfort
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